XML 14 R3.htm IDEA: XBRL DOCUMENT v3.23.1
Consolidated Condensed Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Apr. 01, 2023
Apr. 02, 2022
Income Statement [Abstract]    
Net revenues $ 88,864 $ 87,665
Costs of products sold 51,665 52,415
Gross profit 37,199 35,250
Selling, general, and administrative expenses 27,159 26,674
Restructuring costs 116 261
Operating income 9,924 8,315
Other income (expense):    
Interest expense (997) (329)
Other 275 439
Other income (expense) (722) 110
Income before taxes 9,202 8,425
Income tax expense 2,220 1,741
Net earnings 6,982 6,684
Less: net earnings attributable to noncontrolling interests 18 328
Net earnings attributable to VPG stockholders $ 6,964 $ 6,356
Basic earnings per share attributable to VPG stockholders (dollars per share) $ 0.51 $ 0.47
Diluted earnings per share attributable to VPG stockholders (dollars per share) $ 0.51 $ 0.46
Weighted average shares outstanding - basic (in shares) 13,586 13,637
Weighted average shares outstanding - diluted (in shares) 13,652 13,675